Budget & Audited
Budget & Audited Financial Statements
The Port Operates on a fiscal-year calendar, beginning July 1st and ending June 30th.
As a public entity, the Port is subject to Oregon Local Budget Law.
Local budget law is designed to: Establish standard procedures for preparing, presenting, and administering the budgets of Oregon’s local governments; to encourage citizen involvement in the preparation of the budget before its final adoption; to provide a method of estimating revenues, expenditures, and proposed taxes; and requires the adoption of an annual budget and obtaining of annual audits of its finances.
Beginning in April Port staff begin preparing the upcoming fiscal-year budget, including a Budget Message and Proposed Budget for review by the Port’s Budget Committee in May. The Port’s Budget Committee is an 10-person committee, consisting of the 5 member POTB Board of Commissioners and 5 at-large members who are volunteers from within POTB’s District. The Budget Committee meets to review the proposed budget, makes any changes and approves the budget as a recommendation for adoption by the POTB Board of Commissioners. The POTB Board of Commissioners meets in June to adopt the budget for the next fiscal year.
All POTB budget-related meetings are open to the public – and the public is encouraged to attend. Public Meeting Notices are posted at the POTB’s regular meeting notice posting places (e.g. Port Main Offices; Tillamook County Library – Main Branch; and Tillamook County Courthouse).
NOTICE OF BUDGET COMMITTEE MEETING 4/27/23
A public meeting of the Budget Committee of the Port of Tillamook Bay, Tillamook County, State of Oregon, to discuss the budget for the fiscal year July 1, 2023 to June 30, 2024 will be held at the Port’s Conference Room, 4000 Blimp Blvd., Tillamook Oregon. The meeting will take place on April 24, 2023, at 12:00 pm. The purpose of the meeting is to receive the budget message and to receive comment from the public on the budget. This is a meeting where deliberation of the Budget Committee will take place. Public is encouraged to email the budget officer at email@example.com by 4:00 P.M. Friday, April 21, 2023, with any comments or questions on the budget. Anyone interested in attending the meeting via zoom, please email firstname.lastname@example.org for instructions.
A copy of the budget document may be inspected or obtained on or after April 20, 2023, at the Port of Tillamook Bay's Administrative Offices, 4000 Blimp Blvd. Suite 100, Tillamook, OR 97141 between the hours of 8:30 A.M. - 12:00 P.M. and 1:00 PM - 5:00 P.M. It will also be posted on potb.org or can be emailed.
Office Administrator/Budget Officer
Port of Tillamook Bay